Axia Energia has reported a net profit of R$1,191 million (US$233 million) for the second quarter of 2026, coinciding with the company's exit from the New York Stock Exchange.
The Brazilian utility's financial results were released alongside confirmation of the delisting, marking a shift in its capital markets strategy.
The profit figure comes after Goldman Sachs recently lowered its adjusted Ebitda forecast for Axia Energia (AXIA3) for the second quarter.
The investment bank cited a decline in power prices as a headwind expected to pressure the company's results, suggesting the reported earnings may have faced margin compression despite the headline profit.
The delisting from the NYSE represents a significant structural change for the company, likely aimed at simplifying its listing footprint or reducing compliance costs associated with dual-listings.
Investors will need to assess whether the move reflects a broader strategic pivot or a response to market conditions in the US.